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    DeFi & NFT News

    DeFi is short for decentralized finance - a field in the cryptocurrency industry that many believe to be their best use case with the brightest future. While DeFi has been around for a long time, it really took off in the summer of 2020 when the total value-locked in various decentralized protocols skyrocketed to the range of billions. This was facilitated by the appearance of automated market makers and decentralized exchanges such as Uniswap. The field of decentralized finance has grown substantially in a very little timeframe and it appears that the interest in it is only going to increase. According to the latest DeFi news, there are hundreds of projects and thousands of investors exploring its numerous capabilities and opportunities. A lot of industry proponents believe that DeFi is capable of revolutionizing traditional finance and even the fintech industry.

    Defi Projects by Total Value Locked (TVL)

    The Latest DeFi & NFT News

    SSV Network DAO Launches $50 Million Ecosystem Fund 
    Jan 20, 2023 00:41

    SSV Network DAO Launches $50 Million Ecosystem Fund 

    The project plans to dedicate the new capital to the DVT use cases.

    Liquid Staking Platforms Surging Ahead of Ethereum Shanghai Upgrade
    Jan 10, 2023 05:44

    Liquid Staking Platforms Surging Ahead of Ethereum Shanghai Upgrade

    There has been a great deal of momentum for liquid staking derivatives and platforms in the run-up to Ethereum’s next big upgrade.

    Polkadot’s Astar Network Introduces XVM Functionality to Boost Multichain Use Cases
    Jan 9, 2023 15:00

    Polkadot’s Astar Network Introduces XVM Functionality to Boost Multichain Use Cases

    Astar's XVM product allows developers to engage with a variety of smart contract environments.

    DeFi Protocol Lido Reaches $5.9B in TVL Dethroning MakerDAO 
    Jan 2, 2023 13:07

    DeFi Protocol Lido Reaches $5.9B in TVL Dethroning MakerDAO 

    Lido Finance has overtaken MakerDAO as the biggest DeFi protocol in the market, with $5.9 billion locked on the staking platform.

    DeFi Under Attack: $1.5B Stolen in Top 5 Crypto Heists of 2022: Forbes
    Jan 1, 2023 05:27

    DeFi Under Attack: $1.5B Stolen in Top 5 Crypto Heists of 2022: Forbes

    2022 turned out to be a great year for malicious actors.

    1inch Network Introduces Fusion Update for DeFi Swaps
    Dec 24, 2022 18:52

    1inch Network Introduces Fusion Update for DeFi Swaps

    Users will be able to choose between three options with the Fusion mode.

    1inch Unveils New Feature to Protect Users From ‘Sandwich Attacks’
    Nov 25, 2022 23:03

    1inch Unveils New Feature to Protect Users From ‘Sandwich Attacks’

    In 2022 so far, sandwich attacks have led to estimated losses of at least $800 million.

    After FTX Blowup, Crypto Wallet SafePal Achieves Record Signups
    Nov 23, 2022 19:33

    After FTX Blowup, Crypto Wallet SafePal Achieves Record Signups

    Numbers show crypto investors quickly turning to self-custody in the wake of FTX’s fallout. 

    DeFi Exploit Season: TempleDAO and MangoMarkets Lose Millions in Attacks
    Oct 12, 2022 05:09

    DeFi Exploit Season: TempleDAO and MangoMarkets Lose Millions in Attacks

    It must be the season of decentralized finance (DeFi) exploits as there have been three attacks over the past 24 hours.

    Binance Smart Chain Paused Following $600 Million BNB Hack (Report)
    Oct 6, 2022 23:42

    Binance Smart Chain Paused Following $600 Million BNB Hack (Report)

    Tens of millions of dollars in crypto have already escaped to other chains, but Binance’s partners are taking measures to freeze the funds.

    Load More Defi News
    Defi & NFT Guides
    7 Best Non-Custodial Crypto Wallets: The Complete List
    Apr 24, 2022

    7 Best Non-Custodial Crypto Wallets: The Complete List

    Ethereum VS Solana: Which Blockchain is Better for Minting NFTs?
    Mar 27, 2022

    Ethereum VS Solana: Which Blockchain is Better for Minting NFTs?

    What is APE Coin? The Cryptocurrency Behind Bored Ape Yacht Club NFTs
    Mar 17, 2022

    What is APE Coin? The Cryptocurrency Behind Bored Ape Yacht Club NFTs

    What is a Decentralized Autonomous Organization (DAO)? Everything You Need to Know
    Feb 8, 2022

    What is a Decentralized Autonomous Organization (DAO)? Everything You Need to Know

    How to Buy and Sell Your First NFT on OpenSea? A Step-by-Step Guide
    Jan 13, 2022

    How to Buy and Sell Your First NFT on OpenSea? A Step-by-Step Guide

    How to Mint Your First NFT on OpenSea? A Step-by-Step Guide
    Dec 29, 2021

    How to Mint Your First NFT on OpenSea? A Step-by-Step Guide

    After Avalanche and Polygon Binance-Backed OpenOcean Integrates Fantom
    Oct 4, 2021

    After Avalanche and Polygon Binance-Backed OpenOcean Integrates Fantom

    What is an IDO – Initial DEX Offering?
    May 9, 2021

    What is an IDO – Initial DEX Offering?

    6 Ways to Avoid Losing Your Funds to DeFi Scams in 2021
    Apr 17, 2021

    6 Ways to Avoid Losing Your Funds to DeFi Scams in 2021

    What Is NFT? Non-Fungible Tokens Guide For Dummies
    Mar 21, 2021

    What Is NFT? Non-Fungible Tokens Guide For Dummies

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    Editorials
    2022 Was Crypto’s Dot Com Bust: Let’s Recap Tech Stocks After 2000 (Opinion)

    2022 Was Crypto’s Dot Com Bust: Let’s Recap Tech Stocks After 2000 (Opinion)

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    From Google and Microsoft to Binance: Interview with Head of Product Mayur Kamat

    From Google and Microsoft to Binance: Interview with Head of Product Mayur Kamat

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